Eric Boggs

I mean, it matters, right?

You don't want to sell 50% of your company that early, but there's sort of a range for what's reasonable.

As long as you can get in that range of what's reasonable.

I cared a lot more about the deal terms.

And I think the investors, I mean, not to speak for them, but I think they were pretty happy with the price.

And I was pretty happy with the deal in terms of how some of the other things that were included happened.

And I think earlier in my career, I would have really been fixated on dilution and fixated on price.

And, you know, this is sort of the second go around for me as a SaaS founder raising institutional capital.

And this time I cared a whole heck of a lot about price and a whole lot more about just how the deal was structured.

It wasn't huge, probably $700,000.

Jeez, probably 700K, 800K.

I frankly can't even remember.

It's like Stone Age.

There are 12 of us.

All in Durham?

No, actually.

We have a sales and services team in Durham, and our engineering team is distributed.

So we have engineers in Minneapolis, Columbia, South Carolina, Ecuador, California.

Dayton, Ohio.

And we have one guy that's actually in North Carolina, but he lives about 45 minutes outside of Durham.